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Without OPEC, we'll all be riding bicycles and tricycles. :D

I guess people don't take this guy too seriously, is probably because he looks like a skeleton with some hair. Talks doom every time on television; who knows, maybe that is what he is used to be doing. Maybe he works in the cemetery, morgue, etc. and business sucks so he has to go on...

I always thought he was the Doctor who helps people kill themselves. Who would've thought he's an billionaire also. :cool:

I think you're gonna have to wait a while. Even with Moore's Law, fact of the matter is China is still at most a developing country with a lot of problems. Until food, clothing, shelter and transportation is no longer a problem is when they can finally start innovating.

Damn; that sucks. Working 16-18 hours a day to crawl into that fancy coffin.

Oh really, the government wouldn't do that. Would they? :D I thought it was just a very wealthy individual bought a lot of stock at the last 15-20 mins everyday before closing time during the panic. So that must have been the government all along. Thats it, I'm applying for a job at the...

You nailed it to the T, this applies to all cultures as well.

How does your buddy keep track of all those keys? I feel sorry for his plumber, poor guy have a never ending job of plunging toilets. :p

On January 1 2013, Scientist around the world would be scratching their head, why a meteor didn't smack into earth. They would then blame the mayan calendar. The media would say the mayans didn't know how to add and change the doomsday scenario to 2016. so the USD really wont collapse till then. :p

You couldn't be more wrong, I hate that system more than anything since it erases 3 generations of wealth. I assume you never had to deal with that retarded system. You're assuming that everybody in the communist party is in their chambers singing kumbaya, when in reality there's always a...

Have you ever thought of why the current government officials hate the falun gong group so much? They're atheist btw. What about the churches, that's a much bigger group of people congregating. Who also wants human rights, freedom, etc.. Yet the government officials leave them alone and let...

They paid a fee already when signing the derivative contract. There's no way they're stupid enough to fork over more money. Would you?

I hope you're not putting too much emphasis on Chinese buying. Right now they are plowing their money into real estate, not gold.

If there is another real estate boom between now and 2012, or another multi-trillion dollar bailout of some kind. That graph would become sort of useless/distorted.

Economic Recovery not strong enough? Inflate a bit more, problem solved:D

Nice one, bootsie. How deep do you think this correction would be? Back to the 1000's or a full 25% correction to the 900's?

still waiting for 1040-50

Because avg joe can still afford an ounce of gold if he wants it. That alone means that gold is not in bubble territory. bubble means avg people cant obtain it without carrying burdensome debt. Maybe if gold hits the upper thousands and 5 digits; then at that moment you can say gold might...

How do we differentiate this watery currency from a foreign watery currency? The salt content, the amount of salmon and goldfish or cubic feet? I hope this idea of yours work out, it makes speculating on real estate a whole lot more easier.

Thats the thing, why are they "Acting" conservative. When in reality they want to spend like drunken sailors in a whorehouse. Might as well raise the ceiling to 2 tril. What if later on our creditors don't have the savings to lend to us, then we would saying to ourselves; why didn't we...